Digital River Inc. (DRIV) announced Monday morning that it was notified by Symantec Corp. (SYMC) that Symantec will not extend its existing e-commerce agreement with the company, which expires on June 30, 2010. Digital River expects to report third quarter EPS of $0.38 to $0.41, with revenues between $96.5 million and $98.5 million.
Digital River gapped open sharply lower Monday morning, but traded in a range for the bulk of the session. Shares finished down by $13.97 at $26.45 on the highest volume of the year. The stock sank to a 7-month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.